SEALSQ Updates on Minimum Bid Price Non-Compliance
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SEALSQ Corp (NASDAQ: LAES) is addressing its noncompliance with Nasdaq's minimum bid price requirement. The company has until January 28, 2025, to ensure its stock price remains above $1.00 for 10 consecutive business days to maintain its listing.
November 19, 2024 | 3:00 pm
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SEALSQ Corp is working to regain compliance with Nasdaq's minimum bid price requirement by January 28, 2025. The stock must trade above $1.00 for 10 consecutive days to maintain its listing.
SEALSQ's stock is currently noncompliant with Nasdaq's minimum bid price rule. The company has a deadline to meet this requirement, which could affect investor confidence and stock price volatility. However, the outcome is uncertain, leading to a neutral short-term impact score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100